eu
April 1st, 2013
From today, the TUR electricity tariff, which around 22 million customers in Spain are contracted to, will drop by an average of 6.62%, which will result in savings on electricity bills of about 29.35 euros per year for an average consumer, the Ministry of Industry, Energy and Tourism announced last ...
Continue reading Price of Electricity to Fall 6.62% from April
March 26th, 2013
According to a study by the Economic Research Institute, based on statistics gathered from Eurostat, 68% of Spanish companies had their own website in 2012, which is up from the 62% they had in 2010 but is still three points below the European average, which stands at 71%. The ...
Continue reading 68% of Spanish Companies Had Websites in 2012
March 15th, 2013
Aircraft passengers will only be able to claim compensation from their airline if there is a delay of more than five hours, versus the three hours boundary which has been set up until now. The European Commission presented a proposal this week which would set the threshold for entitling air passengers ...
Continue reading Brussels to Amend Airline Passengers’ Rights
March 13th, 2013
Spain remains the favourite destination for European tourists. In fact, according to a survey published last week by Eurobarometer, 12% of the Europeans who are planning to go on holiday this year will travel to Spain. Other popular holiday destinations after Spain are Italy (8%), France (7%), Austria, Germany ...
Continue reading European Tourists Still Prefer Spain
March 8th, 2013
On Wednesday this week, the European Commission imposed a new fine of 561 million euros on the U.S. software giant Microsoft, for breaching its commitment to include in its Windows operating system, an option screen that allows users to install alternative browsers other than their own, Internet Explorer. According to ...
Continue reading European Commission Fines Microsoft 561 Million Euros
March 7th, 2013
According to figures released this week by the European statistical office, Eurostat, Spanish citizens live an average of 65.5 years in good health, which is three and a half years more than the average figure for the whole of the European Union (EU). In this European ranking, which takes into ...
Continue reading Spain Ranks Sixth in EU for Good Health
February 21st, 2013
The data protection authorities of the EU-27 countries announced on Monday that it will impose sanctions on the U.S. technology company, Google, before summer, for refusing to adjust their privacy policy to comply with EU legislation. In October 2012, the EU-27 concluded that Google's privacy policy was in breach of EU ...
Continue reading EU Announces Sanctions Against Google
January 10th, 2013
The savings rate of households and non-profit institutions fell 2.6% in the third quarter of 2012 compared to the same period of 2011, reaching 7.6% of disposable income, compared with the 10.2% recorded in the third quarter of the previous year, the National Statistics Institute reported on Wednesday. Thus, the rate ...
Continue reading Household Savings Rate Fell to 7.6% in Third Quarter of 2012
January 3rd, 2013
According to the flash estimate of the consumer price index (CPI) released yesterday by the National Statistics Institute, annual inflation has maintained its November rate in December 2012 and ended the year at 2.9%. If this data is confirmed (the final results will be announced on 15th), this figure would ...
Continue reading Inflation Closes 2012 at 2.9%
November 27th, 2012
The number of new mortgages contracted for house purchases in September fell 32.2% compared to the same month of 2011, reaching 21,195 transactions. This latest figure marks 29 consecutive months of declines and a sharpened pace of decline, which in August was 28.5%. However, according to the data published by the ...
Continue reading New Mortgages Fell 32.2% in September
